Polycorp Treasury a company in the land of Zanadu is holding a parcel of Zanadu Government Bonds with a face value of $2,000,000.The bonds were issued six years and three months ago, with an initial maturity of 10 years.They pay a coupon rate of interest of 6.00% pa, with interest paid semi-annually. Currently the market yield quoted for Zanadu bonds is 4.86% pa.The convention in Zanadu financial markets is that the market yield and coupon rate are quoted as annual nominal rates.What is the current market value of the bonds?